Dong-A ST Publishes First Sustainability Management Report "On (ON)"

Dong-A ST announced on July 1 that it has published its first sustainability management report, titled "On (溫·ON)," which outlines the company's sustainability management strategy, major activities, and achievements over the past year.

The report title "On (溫·ON)" signifies "all" and "100" in pure Korean, while in Chinese characters it means warmth, and in English, it implies continuity. This reflects Dong-A ST's commitment to becoming a global pharmaceutical company by 2032, the 100th anniversary of the Dong-A Socio Group, through continuous R&D for new drug development and responsible management.

Dong-A ST Sustainability Management Report

This report was prepared in accordance with the Global Reporting Initiative (GRI) standards. Its credibility was further enhanced by referencing global reporting standards such as the International Sustainability Standards Board (ISSB), Sustainability Accounting Standards Board (SASB), and European Sustainability Reporting Standards (ESRS).

For the preparation of the report, Dong-A ST conducted a double materiality assessment targeting stakeholders. The company comprehensively analyzed the impact of its business activities on society and the environment, as well as the impact of social and environmental factors on its financial performance. Based on this, six key material issues were identified and systematically managed: ▲ pharmaceutical quality and safety management ▲ expansion of R&D investment and new drug development ▲ talent recruitment and management ▲ ESG management of partner companies ▲ compliance with corporate ethics and regulations ▲ creation of a happy organizational culture. The details of these efforts are included in the report.

The Dong-A ST Sustainability Management Report "On (溫, ON)" is available on the Dong-A ST website.

A Dong-A ST representative stated, "Dong-A ST is committed to ethical management based on the mission of respecting life and promoting human health, and fulfills its social responsibilities in various areas including human rights, environment, compliance, and social contribution. We will continue to live up to the trust and expectations of all stakeholders, including customers, partners, investors, and local communities, and will take another step forward as a global healthcare company through sustainable innovation."

Meanwhile, in 2024, Dong-A ST received a comprehensive A grade for the fourth consecutive year in the ESG evaluation by the Korea ESG Standards Institute. The company also solidified its position as a leader in sustainable management by receiving the Grand Prize at the 32nd Good Company Awards from the Citizens' Coalition for Economic Justice, being selected as an excellent company for work-life balance at the 1st Korea Work-Life Balance Awards by the Ministry of Employment and Labor, and receiving the Minister's Award at the 31st Corporate Innovation Awards by the Ministry of Trade, Industry and Energy.

This content was produced with the assistance of AI translation services.